If the Interest Rate Is 8 Percent, the Present Value

question 149

Multiple Choice

If the interest rate is 8 percent, the present value of $10,000 to be received 10 years from today is about

• A) $21,589.
• B) $9,259.
• C) $4,632.
• D) $10,800.

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Definitions:

Training

refers to the process of enhancing the skills, knowledge, and competencies of employees through educational activities, aimed at improving their performance and productivity.

Engagement

In a workplace context, the level of an employee's emotional and functional commitment to their job and organization.

Competition

The rivalry among businesses to attract customers and achieve a higher market share.

High Quality

A standard of excellence or superiority in condition or performance, often measured against other similar items or services in terms of durability, reliability, and satisfaction.